CORONA, Calif.--(BUSINESS WIRE)--Foremost Companies has announced the grand opening of Terramor, a unique new gated community being developed in a prime location within Riverside County. As the master developer of Terramor, Foremost Companies is hosting a grand celebration event filled with live music and entertainment on May 20, 2017, to debut the model homes within its newest neighborhood, Cortina by Del Webb. The company will also be unveiling The Veranda, an all-age resort-style club equipped with an outdoor pool, entertaining areas, and more. Homes are now selling within the new community, which, upon completion, will include 1,443 single-family homes spanning sixteen neighborhoods.
Foremost Companies has earned a sterling reputation as a premier land investment firm known for acquiring and developing property in strategic settings, with Terramor’s position just south of Corona adding to its list of convenient and established locations.
“The inspiration behind Terramor stems from the unmet housing needs for Southern California’s robust active adult population, as well as the housing needs of growing families,” said Steve Cameron, President of Foremost Companies. “We wanted to provide our building partners with a master plan to design and build high quality homes that speak to these growing demographics, and Terramor is doing just that.”
Del Webb is building the first two neighborhoods, Cortina and Ardena, where they plan to construct 240 single-family homes for 55+ buyers within a variety of modern styles and floor plans ranging from 1,579 to 2,172 square feet. “Pre-sales for Del Webb’s two communities started April 22 and a remarkable 14 homes have been sold to date,” said Chris Edgar, division president for Del Webb Southern California. “Between the two sold-out informational sales seminars and queries from our interest lists, these two actively sought neighborhoods are proving the demand for 55+ housing in this region, and are a testament to the community as a whole.” Del Webb’s accompanying 55+ neighborhood, Ardena, is opening just around the corner in June.
Along with Del Webb, phase one builders also include KB Home, which will build two all-age neighborhoods, Sorrel and Caraway, totaling 170 two-story homes that will range from approximately 2,200 to 2,700 square feet. The neighborhoods are anticipated to open this summer. Additionally, CalAtlantic Homes will build an active adult neighborhood of 105 home sites called Sterling, which will offer four new one- and two-story home designs that will range in size from approximately 2,200 to 2,500 square feet. Sterling is expected to open this winter.
Terramor’s unique multigenerational community will be interlaced with over five miles of trails and paseos that connect to a broader trail system, bringing walking and hiking opportunities for active adults and families of all ages. Surrounded by nature, the trails will offer gorgeous terrain, rolling trails, and picturesque views, while providing the convenience of shaded rest areas, water access, and restrooms. Numerous other parks and outdoor amenities, including large and small dog parks, community garden, ball fields, a basketball court, tennis courts, and tot lots, will provide year-round recreation for all residents.
One of the most anticipated amenities at Terramor is The Terrace Club, a six-acre recreational area with a 20,000-square-foot clubhouse exclusively for 55+ residents. At its core is a resort-style pool with surrounding cabanas offering relaxation and socialization, while an indoor pool, extensive fitness center, tennis, bocce ball and pickleball courts give residents the opportunity to be actively engaged. The living room, crafts room, ballroom, and other multipurpose rooms will provide spaces for gathering, entertainment, and socializing throughout the year.
While The Terrace Club at Terramor will offer an exclusive gathering space for its 55+ residents, The Veranda, a social center for all residents, will include a fitness center, a second outdoor pool with both sundecks and a toddler pool with a beach entrance, and outdoor barbecue and entertaining areas that also provide accommodations for both private and community events for all residents to enjoy, connect, and socialize.
Well situated south of Corona, the community offers immediate freeway access to all of Riverside County and is central to surrounding Los Angeles, Orange, San Diego, and San Bernardino counties while boasting an idyllic setting with the beautiful Santa Ana Mountains nearby.
Sales at Terramor are currently underway, with home tours kicking off at the Grand Celebration Event on May 20 from 11 a.m. to 3 p.m. In addition to the model home tours at Cortina and the opening of The Veranda, the day will be filled with live music, entertainment and, of course, information on the new home neighborhoods coming soon to Terramor. For more information, please visit http://terramor.com/.
About Foremost Companies
Foremost Companies is a premier land investment firm that acquires property in strategic locations to entitle and sell high-quality developments to homebuilders or commercial developers. The company and its affiliates have owned and/or managed more than 12,000 residential lots across California. The company’s urban infill and redevelopment team is specifically focused on Los Angeles and Orange Counties in areas with underutilized commercial properties. Foremost’s senior management team is experienced in master-planned communities and single-family detached and attached products, as well as multifamily, retail, office, and mixed use. For more information on Foremost Companies, visit www.foremostcompanies.com.
About Del Webb
Del Webb is a national brand of PulteGroup, Inc. (NYSE: PHM). Del Webb is the pioneer in active adult communities and America’s leading builder of new homes targeted to pre-retirement and retiring boomers. Del Webb builds consumer-inspired homes and communities for active adults ages 55+ who want to continue to explore, grow, and learn, socially, physically, and intellectually as they look forward to retirement. For more information on Del Webb, visit www.delwebb.com.
About CalAtlantic Group, Inc.
CalAtlantic Group, Inc. (NYSE: CAA), one of the nation's largest and most respected homebuilders, offers well-crafted homes in thoughtfully designed communities that meet the desires of customers across the homebuilding spectrum, from entry level to luxury, in 41 Metropolitan Statistical Areas spanning 17 states. With a trusted reputation for quality craftsmanship, an outstanding customer experience, and exceptional architectural design earned over its 50-year history, CalAtlantic Group, Inc. utilizes its over five decades of land acquisition, development, and homebuilding expertise to acquire and build desirable communities in locations that meet the high expectations of the company's homebuyers. We invite you to learn more about us by visiting www.calatlantichomes.com.
About KB Home
KB Home (NYSE: KBH) is one of the largest and most recognized homebuilders in the United States and an industry leader in sustainability, building innovative and highly energy- and water-efficient new homes. Founded in 1957 and the first homebuilder listed on the New York Stock Exchange, the Company has built nearly 600,000 homes for families from coast to coast. Distinguished by its personalized homebuilding approach, in most communities KB Home lets each buyer choose their lot location, floor plan, décor choices, design features, and other special touches that matter most to them. To learn more about KB Home, call 888-KB-HOMES, visit www.kbhome.com or connect on Facebook.com/KBHome or Twitter.com/KBHome.